5036 50 Street, Innisfail, Alberta T4G 1S7

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$725,000

Highlights

$725,000

Price

4213 sqft

Lot

For sale

Status

A2253333

MLS® ID

This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community! (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2253333
    • Price $725,000
    • Square Footage: 4213 sqft
    • Community Name: Downtown Innisfail
    • Plan 3143et

    Buildings

    Constructed Date 1946 Foundation Type Poured Concrete
    Heating Fuel Natural Gas Heating Type Other
    Size Exterior 4213 Sqft Size Interior 4213 Sqft
    Total Finished Area 4213 Sqft

    Land

    Acreage No Size Irregular 4600.00
    Size Total 4600 Sqft|4,051 - 7,250 Sqft Size Total Text 4600 Sqft|4,051 - 7,250 Sqft
    Zoning Description Cb

    Agents and Offices

    • Kari Flaws
    • Office: Royal LePage Network Realty Corp.

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